Vacant Land in Airport
For Sale
Contact for pricing
8840 VAN DYKE St, Detroit, MI 48213
Commercial vacant lot offered by the Detroit Land Bank, suitable for proposals including urban agriculture or beautification.
Property SizeContact for details
Days on Market22
Property Features for 8840 VAN DYKE St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
SCS Great Lakes INC
(586) 210-3350
Listed By:
Erick Monzo
(586) 210-3350
Source:
Elliman
Added: Jul 16
Changed: Jul 21
Last Checked: Aug 5 at 8:39AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SCS Great Lakes INC
Investment Insights
Based on property information with market context.
This offering is a commercial vacant lot listed by the Detroit Land Bank. The DLBA is seeking proposals to support the activation and stewardship of vacant land sites, including urban agriculture, gardening, or beautification, whether for profit or community activation. Prospective buyers should review the DLBA’s proposal guidelines for land-based sites and its Guide to Plot Plan, Site Design, and Maintenance before submitting.
The property is located in the Airport Subarea, and the remarks note it is minutes from Downtown Detroit. BikeScore is listed as 48 (Somewhat Bikeable), walkScore as 26 (Car-Dependent), and transitScore as 52 (Good Transit).
Please note the DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership. The remarks also state that tax capture may be incompatible with tax abatements otherwise available to a selected purchaser, and the DLBA will review requests to waive tax capture rights, which may require a payment in lieu of taxes depending on the development proforma and the effect of any tax abatement.
The property is located in the Airport Subarea, and the remarks note it is minutes from Downtown Detroit. BikeScore is listed as 48 (Somewhat Bikeable), walkScore as 26 (Car-Dependent), and transitScore as 52 (Good Transit).
Please note the DLBA is entitled to a tax capture for the five tax years subsequent to transferring ownership. The remarks also state that tax capture may be incompatible with tax abatements otherwise available to a selected purchaser, and the DLBA will review requests to waive tax capture rights, which may require a payment in lieu of taxes depending on the development proforma and the effect of any tax abatement.
Key Highlights
- Commercial vacant lot in the Airport Sub offered by the Detroit Land Bank
- Suitable for proposals to activate vacant land, including urban agriculture, gardening, or beautification
- DLBA will review requests to waive its tax capture for the 5 tax years after ownership transfer
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
Explore this area
Business Placement
Demographics for 48213, MI
19,088
Population
11,365
Households
1.7
Avg Household Size
39
Median Age
7%
College-Educated
82%
High-School Grad
6.5 sq mi
ZIP Area
2,937
Density / Sq Mi
$33,755
Median Household Income
$24,765
Median Earnings
$837
Median Rent
$52,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial vacant lot offered by the Detroit Land Bank, suitable for proposals including urban agriculture or beautification.
Where is this commercial land located?
The property is located at 8840 VAN DYKE St Detroit, MI.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Commercial vacant lot in the Airport Sub offered by the Detroit Land Bank; Suitable for proposals to activate vacant land, including urban agriculture, gardening, or beautification; DLBA will review requests to waive its tax capture for the 5 tax years after ownership transfer
